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Kme Group

Share Issue/Capital Change Jun 22, 2021

4070_rns_2021-06-22_1dcf3ad3-568e-4476-99d5-409e55595f8b.pdf

Share Issue/Capital Change

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Informazione
Regolamentata n.
0240-54-2021
Data/Ora Ricezione
22 Giugno 2021
23:03:53
MTA
Societa' : INTEK GROUP
Identificativo
Informazione
Regolamentata
: 149050
Nome utilizzatore : SMIN02 - Mazza
Tipologia : 3.1
Data/Ora Ricezione : 22 Giugno 2021 23:03:53
Data/Ora Inizio
Diffusione presunta
: 22 Giugno 2021 23:10:06
Oggetto : KME Group: completion of the share capital
increase of KME Italy SpA in favour of S.A.
Eredi Gnutti Metalli SpA
Testo del comunicato

Vedi allegato.

Registered Office: 20121 Milan (MI) Foro Buonaparte, 44 Share Capital: Euro 335.069.009,80, fully paid-in Milan Company Register – Tax I.D. Nr. 00931330583 www itkgroup.it

PRESS RELEASE

KME Group: completion of the share capital increase of KME Italy S.p.A. in favour of S.A. Eredi Gnutti Metalli S.p.A.

Milan, 22nd June 2021 – Today the extraordinary shareholders meeting of KME Italy S.p.A. ("KME Italy"), an indirect subsidiary of Intek Group S.p.A. ("ITK"), has taken place, thereby allowing the S.A. Eredi Gnutti Metalli S.p.A. ("EGM") to reinvest the whole consideration deriving from the transfer of EGM's rolled products business to the KME Group, in newly-issued shares of KME Italy. The share capital increase that will be effective from next 30th June has allowed EGM to become the owner of a percentage equal to 16% of KME Italy.

The above-mentioned transfer was completed on 3rd June 2021, after the fulfilment of the conditions precedent envisaged in the framework agreement signed by ITK and EGM on 19th May 2021 and communicated to the market on the same date.

The transaction, as fully completed today, has enabled the two Italian operators to combine their knowhow, production capacity, distribution channels and logistical facilities, with the aim of producing operational efficiencies and achieving the necessary level of competitiveness on the market in order to provide the best possible service to the customers.

* * *

The press release is available on the Company's website, www.itkgroup.it. Additional information may be directly requested from the Company (telephone number +39.02.806291; e.mail: [email protected]) and through the "eMarket STORAGE" system operated by Spafid Connect SpA at the address: .

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